The Editorial Team |

The African Securities Exchanges Association (ASEA) Conference reflects strength of continent’s capital markets

Johannesburg, South Africa, Capital Markets in African — The African Securities Exchanges Association (ASEA) —a premier association of 25 securities exchanges from across the continent—will hold its annual conference in Johannesburg from 15 – 17 November (http://www.2015aseaconference.co.za). ASEA President Oscar Onyema said that the theme of the conference—Africa Evermore: Growth for sustainability—embodied the potential, growth, and stability of Africa’s capital markets. The Johannesburg Stock Exchange (JSE), the continent’s largest and member of the World Federation of Exchanges (WFE),…

Reserve Bank of Malawi Raises Policy Rate by 2% as Inflation Surge in November

Posted on by The Editorial Team

LILONGWE, Malawi, Capital Markets in Africa — Reserve Bank of Malawi Monetary Policy Committee (MPC) met on 4th November 2015 and examined the external and domestic economic developments and decided to raise the Policy rate to 27 percent from 25 percent in order to contain second round effects of rising inflation, according to statement signed by the Reserve Bank of Malawi governor Mr Charles S.R. Chuka. The Liquidity Reserve Requirement (LRR) at 7.5 percent having adjusted…

Nigerian Equity Markets | 04 Nov 2015: OANDO and STANBIC Top Gainers’ Chart… NSE ASI Dips 7bps

Posted on by The Editorial Team

Lagos, Nigeria, Capital Markets in Africa — Loss in the broader index continued today, although moderated relative to previous sessions. Thus, the NSE-ASI closed 7bps lower, settling at 29,032.44ptspts. The fall in the index was against losses recorded in UNILEVER (-5.0%), NESTLE (-0.9%) and MOBIL (-9.8%). Equally, market capitalization contracted N7.0bn to N10.0tn. After investors exchanged 181.6m units of shares worth N2.1bn during trade today, aggregate volume and value rose 8.9% and 82.8% respectively. Sector indices…

Kenya Equity Markets | 04 Nov 2015: Equity Market Capitalization US$45 million down, Kenyan Shillings stronger …

Posted on by The Editorial Team

Nairobi, Kenya Capital Markets in Africa — On Wednesday, the equity market capitalization closed at KES 1,925 billion after losing KES 4.54 billion (c.US$44.5 million) or 0.24 percent from the market capitalization of KES 1,930 billion recorded at the previous trading session. The Nairobi All Share Index sagged by 0.28 percent or 0.38 points to end at 136.89 points but the Nairobi Securities Exchange (NSE20) index marginally gained 0.24 points or 0.01 percent to close at 3,830.15 points….

South Africa Equity Markets | 04 Nov 2015: Positive momentum persists, Resource shares gain 3.65%, South Africa’s rand slips

Posted on by The Editorial Team

Johannesburg, South Africa Capital Markets in Africa —The bullish momentum persisted at the equity trading session at the end of Wednesday’s trading session. The Johannesburg Stock Exchange (JSE) All Share (the broadest measure of the equity market performance) gained 0.99percent or 532.94 points to settle at 54,609.01 points and the benchmark JSE Top 40 index ended 1.10 percent or 532.80 points higher to end at 49,081.01 points. The financial sector index jumped by 0.61 percent or 279.60 points…

Cote D’Ivoire Stock Markets | 04 Nov 2015: Financial sector drags BRVM Bourse equity markets to red …

Posted on by The Editorial Team

Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Wednesday lower than the previous day. BRVM 10 index decreased from 300.21 to 298.37 points, a drop of 0.61 percent. BRVM Composite index lost 0.40 percent at 302.45 points against 303.65 points previously. The equity market capitalization dropped XOF 29 billion (about US$49 million) to close at XOF 7,463 billion relative to the previous trading…

Egypt Market Watch | 04 Nov 2015: Egyptian exchange equity moves to green districts, pull by financial sectors …

Posted on by The Editorial Team

Cairo, Egypt, Capital Markets in Africa — The Egyptian Exchange equity trading session advanced to the positive territory, key indices and market capitalization in the green zone. The market capitalization closed at EGP 448.694 billion after gaining EGP 117 million (US$14.5 million) relatively to EGP 448.577 billion recorded at the previous trading session. The benchmark index EGX30 added 0.23 percent or 17.40 points to end 7,450.36 points. The equal-weighted indexes EGX50 grew by 0.11 percent or 1.39 points to…

« 1 … 969 970 971 972 973 … 1,077 »